Is there a bubble waiting to burst in India?

印度是否有一个即将破灭的泡沫?

Behind the Money

2024-08-14

20 分钟
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Indian equities are soaring right now. The country’s benchmark Nifty 50 index has doubled in just five years, beating out the pace of Japan, China and even the US. And it’s all being driven by millions of domestic investors who are piling into the market for the first time. But this boom has regulators sounding the alarm. The FT’s Mumbai correspondent Chris Kay explains why a bubble might be forming and what could happen to these first-time investors if it bursts.  - - - - - - - - - - - - - - - - - - - - - - - - - -  For further reading: The young investors gambling on Indian stocks Investors bet an election win by Narendra Modi will extend India’s stock market boom India closes in on China as largest emerging market - - - - - - - - - - - - - - - - - - - - - - - - - -  On X, follow Chris Kay (@christopherkay) and Saffeya Ahmed (@saffeya_ahmed). Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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  • Hi, this is PR Sundar.

  • Welcome to this special episode where I'm going to talk, is it time to buy stocks?

  • What you're hearing right now is a clip of a YouTube video posted by a man named PR Sundar.

  • When it comes to investing, I'm a very conservative investor.

  • I'm not a very speculative investor.

  • Sundar is sitting at his desk.

  • He's dressed in a collared button-down shirt and square-rimmed glasses.

  • He looks like a professor.

  • It's quite school-like.

  • It's like, imagine sitting in a classroom with him.

  • This is the FT's Mumbai correspondent, Chris Kay.

  • He puts out videos.

  • Some of them are pretty basic, short.